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CRF (Cornerstone Total Return Fund) Net Income : $162.4 Mil (TTM As of Dec. 2024)


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What is Cornerstone Total Return Fund Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Cornerstone Total Return Fund's Net Income for the six months ended in Dec. 2024 was $60.4 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $162.4 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Cornerstone Total Return Fund's Earnings per Share (Diluted) for the six months ended in Dec. 2024 was $0.52.


Cornerstone Total Return Fund Net Income Historical Data

The historical data trend for Cornerstone Total Return Fund's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cornerstone Total Return Fund Net Income Chart

Cornerstone Total Return Fund Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.77 105.08 -121.23 174.59 162.41

Cornerstone Total Return Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.08 128.15 46.43 101.98 60.43

Cornerstone Total Return Fund Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Cornerstone Total Return Fund's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=162.413+0+0+0
=162.4

Cornerstone Total Return Fund's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=60.431+0+0+0
=60.4

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $162.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cornerstone Total Return Fund  (AMEX:CRF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Cornerstone Total Return Fund's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Cornerstone Total Return Fund Net Income Related Terms

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Cornerstone Total Return Fund Business Description

Traded in Other Exchanges
N/A
Address
225 Pictoria Drive, Suite 450, Cincinnati, OH, USA, 45246
Cornerstone Total Return Fund Inc is a diversified closed-end management company. Its objective is to seek capital appreciation with current income as a secondary objective. The company invests in sectors such as Information Technology; Health Care; Financials; Communication Services; Consumer Discretionary; Industrials; Exchange-Traded Funds; Utilities; Energy; Real Estate and others.
Executives
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Joshua Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Brian James Lutes officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Daniel Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Wilcox Glenn W Sr director ONE WEST PACK SQUARE SUITE 1700, ASHEVILLE NC 28801
Ralph W Bradshaw director, officer: President 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Marcia Emilia Malzahn director 16494 73RD AVENUE N, MAPLE GROVE MN 55311
Hoyt M. Peters officer: Secretary 1075 HENDERSONVILLE ROAD, ASHEVILLE NC 28803
Alan M. Mandel officer: Treasurer C/O SCHRODERS, 875 THIRD AVENUE, 22ND FLOOR, NEW YORK NY 10022
Robert E Dean director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Frank J. Maresca officer: Treasurer 5 GREENVIEW CIR., HUNTINGTON NY 11743-5152
Theresa Minogue Bridge officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
William A Clark director, officer: Vice President C/O CORNERSTONE ADVISORS, INC., ONE WEST PARK SQUARE, SUITE 1650, ASHEVILLE NC 28801
Andrew A Strauss director 77 CENTRAL AVE SUITE F, ASHEVILLE NC 28801

Cornerstone Total Return Fund Headlines

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